Permanent Capital Management LP Takes Position in Alphabet Inc. $GOOGL

Permanent Capital Management LP acquired a new stake in Alphabet Inc. (NASDAQ:GOOGL) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 9,948 shares of the information services provider’s stock, valued at approximately $2,418,000. Alphabet comprises approximately 0.5% of Permanent Capital Management LP’s holdings, making the stock its 25th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after buying an additional 4,110 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of Alphabet by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock valued at $2,826,000 after acquiring an additional 506 shares during the period. Kovitz Investment Group Partners LLC raised its position in shares of Alphabet by 32.2% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 1,932,813 shares of the information services provider’s stock worth $298,890,000 after acquiring an additional 470,367 shares in the last quarter. Sheridan Capital Management LLC lifted its stake in shares of Alphabet by 7.5% during the 1st quarter. Sheridan Capital Management LLC now owns 1,434 shares of the information services provider’s stock worth $222,000 after purchasing an additional 100 shares during the last quarter. Finally, Sepio Capital LP boosted its position in Alphabet by 5.2% during the first quarter. Sepio Capital LP now owns 73,166 shares of the information services provider’s stock valued at $11,314,000 after purchasing an additional 3,649 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet Trading Up 0.7%

NASDAQ GOOGL opened at $315.15 on Monday. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $328.83. The company has a fifty day simple moving average of $301.53 and a two-hundred day simple moving average of $244.48. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a market cap of $3.80 trillion, a P/E ratio of 31.08, a P/E/G ratio of 1.74 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The firm had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. On average, analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is presently 8.28%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Samsung plans to double the number of mobile devices using Google’s Gemini to about 800 million units this year — a major distribution win that expands Gemini’s user base, strengthens Google’s position in mobile AI, and could boost demand for Google’s AI services and ecosystem. Exclusive: Samsung to double mobile devices powered by Google’s Gemini to 800 mln units this year
• Positive Sentiment: MarketBeat notes Alphabet led Wall Street upgrades in 2025 as AI (Gemini 3), Search/YouTube monetization, cloud strength and growing external demand for its TPUs drove sentiment — that analyst momentum supports further buying interest. MarketBeat’s Top 3 Most Upgraded Stocks of 2025
• Positive Sentiment: Coverage in The Motley Fool highlights Alphabet as a top AI pick for 2026, pointing to the company’s diversified AI exposure (search, cloud, YouTube, Gemini) — useful framing for long-term investors wanting broad AI exposure. 3 Artificial Intelligence Stocks to Buy in 2026 That Could Be Better Picks Than Palantir
• Positive Sentiment: Coverage noting Warren Buffett/Berkshire’s regret over missing investment in Google serves as an institutional validation datapoint that can strengthen investor confidence. Warren Buffet’s Berkshire Hathaway on why Google is the only tech investment they regret not making
• Neutral Sentiment: Retail buzz (X, r/WallStreetBets) has featured GOOGL among the most talked-about names this week — that can amplify short-term volume and volatility but is not a direct fundamental catalyst. 5 Stocks Investors Couldn’t Stop Buzzing About This Week: TGT, TSM, GOOG And More
• Neutral Sentiment: Technical/strategy write-ups list Alphabet near buy points for some investors — signals that traders may be positioning for further upside if earnings/AI narratives hold. Google, Other AI Stocks Trade Near Buy Points. One Named ‘Top Stock’ For 2026
• Negative Sentiment: Analyst/short-form critiques argue Alphabet’s equity looks expensive, warning that stretched valuation could limit near-term upside or amplify pullbacks if growth disappoints. Alphabet’s Equity Is Way Overpriced
• Negative Sentiment: Insider activity: an Alphabet director sold about $31,972 of stock — a small-volume sale but something traders often note when weighing near-term sentiment. Insider Selling: Alphabet (NASDAQ:GOOGL) Director Sells $31,971.90 in Stock

Insider Activity

In other Alphabet news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the transaction, the insider directly owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This trade represents a 29.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $299.80, for a total transaction of $9,743,500.00. Following the sale, the chief executive officer owned 2,239,619 shares of the company’s stock, valued at approximately $671,437,776.20. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 192,687 shares of company stock valued at $56,255,711. 11.55% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Bank of America boosted their target price on shares of Alphabet from $280.00 to $335.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Evercore ISI lifted their price objective on shares of Alphabet from $300.00 to $325.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. JPMorgan Chase & Co. boosted their price objective on shares of Alphabet from $340.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Daiwa Capital Markets increased their target price on shares of Alphabet from $233.00 to $333.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $350.00 price target (up from $290.00) on shares of Alphabet in a report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $317.76.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.